Upper Street Marketing, Inc. (UPPR)

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Upper Street Marketing Enters into Agreement for Processing its Hemp Biomass – Approximately $13.2 Million of Revenues Projected

San Diego, CA, February 19, 2020 -- Upper Street Marketing Inc. (OTC Markets: symbolUPPR) and its wholly owned subsidiary Growing Springs Holding Corp. have entered into an agreement to sell approximately 1.2 million pounds of CBD based hemp biomass to Victory Americas Group, LLC (Victory) who will in turn process the hemp biomass into T-Free CBD Distillate and pay UPPR from the sale of the distillate.



UPPR will receive approximately $13,200,000 from the sale of the distillate from Victory.



Victory expects to start processing the biomass within the next three weeks and to complete the processing within 30 days from starting.



This agreement forms part of the asset sale from Upper Street previously disclosed in our news release dated February 12, 2020.



This deal will provide UPPR with significant revenues and cash to advance UPPRs business, Joseph Earle, UPPR CEO explains.

https://www.otcmarkets.com/stock/UPPR/news/Upper-Street-Marketing-Enters-into-Agreement-for-Processing-its-Hemp-Biomass--Approximately-132-Million-of-Revenues-Proj?id=254408